by Lisa Monk & Associates LLC | Aug 11, 2020 | Tax Tips and News
A new notice from the Internal Revenue Service gives companies that make and sell sport fishing or archery equipment more time to pay their quarterly excise taxes. Notice 2020-55 says the relief was issued because of the COVID-19 pandemic. The notice basically pushes...
by Lisa Monk & Associates LLC | Aug 8, 2020 | Tax Tips and News
The Internal Revenue Service in recent years has made many advancements in the online service sector, installing helpful applications to aid individual taxpayers. But a new audit shows that if an unauthorized user manages to get into the system, many times the...
by Lisa Monk & Associates LLC | Aug 7, 2020 | Tax Tips and News
Businesses are a favorite target of identity thieves. Reports often cover the theft of customer financial information, like credit cards, debit cards, and bank accounts. Perhaps less well known are scams that routinely use stolen business information—whether the...
by Lisa Monk & Associates LLC | Aug 6, 2020 | Tax Tips and News
More and more, tax professionals are relying on working remotely, also known as teleworking, in order to stay connected with clients and remain productive. In order to protect the vital information so critical to the income tax process, the Internal Revenue Service...
by Lisa Monk & Associates LLC | Aug 5, 2020 | Tax Tips and News
The Internal Revenue Service is changing the guard in its Criminal Investigation (CI) division. James Lee, the current deputy chief of the division and a 25-year IRS veteran, will take the reins from retiring Chief Don Fort. Fort will step down Sept. 30 after leading...
